Stocks On The Move As Redwire Soars, Corteva Launches New Product, Moderna Rises On Omicron Booster Approval, Citigroup Restructures, Airlines Slump

Redwire stock soars 14% after Roth MKM initiates coverage with buy rating, citing billions in revenue opportunity
Corteva gains after launching new product Reklemel to protect crops from nematode damage
Moderna rises as CDC clears updated, omicron-targeting Covid boosters for all ages
Citigroup CEO Fraser announces corporate reorganization amid stock slump
Airline stocks tumble as American, Spirit cut profit views on higher costs

cnbc.com

Relevant topic timeline:

8/20/2023

5 Huge Analyst Calls: Adobe, Marvell Boosted on AI Hopes; Urban Outfitters slashed

### Summary Here are the top takeaways from Wall Street analysts for the past week: Urban Outfitters downgraded by Citi, Hexcel upgraded by RBC, Callon Petroleum upgraded by Citi, Adobe upgraded by BofA, and Marvell Technology upgraded by B. Riley. ### Facts - Urban Outfitters (URBN) was downgraded to Neutral by Citi due to high market expectations and a slow turnaround of its UO brand. - Hexcel Corp (HXL) was upgraded to Outperform by RBC Capital, citing its underappreciated upside potential and improving growth prospects in the aerospace industry. - Callon Petroleum (CPE) was upgraded to Buy by Citi, expecting the company to close the valuation gap with similar peers and benefit from strategic moves. - Adobe (ADBE) was upgraded to Buy by Bank of America, highlighting its emergence as an AI leader and potential revenue growth from AI offerings. - Marvell Technology (MRVL) was upgraded to Buy by B. Riley, anticipating a wave of AI-led growth and positive changes in enterprise networking and storage. ### 📉📈📈📈📈

9/1/2023

Stocks making the biggest moves midday: PagerDuty, Dell, Tesla, Broadcom and more

VMware, Lululemon Athletica, Broadcom, Papa John's, PagerDuty, A-Mark Precious Metals, Dell Technologies, Walgreens Boots Alliance, Tesla, and MongoDB all made headlines in midday trading with various financial updates and announcements.

10/2/2023

Stocks Rise as Tesla, NIO, AMC, Apple Move Markets After Shutdown Ends

Summary: This article discusses the stocks that are experiencing significant movements, including Tesla, NIO, AMC, and Apple.

10/2/2023

Stocks on the Move: Rivian Up on Upgrade, Sphere Jumps After Vegas Opening, Insulet and Sunnova Get Buy Ratings

Rivian Automotive, Sphere Entertainment, Insulet, Sunnova Energy International, Clorox, AMC Entertainment, SolarEdge Technologies, Nvidia, FedEx, and Chubb are among the companies making headlines before the bell.

Topics

Posted 9/13/2023, 4:53:29 PM

Stocks On The Move As Redwire Soars, Corteva Launches New Product, Moderna Rises On Omicron Booster Approval, Citigroup Restructures, Airlines Slump

Redwire stock soars 14% after Roth MKM initiates coverage with buy rating, citing billions in revenue opportunity
Corteva gains after launching new product Reklemel to protect crops from nematode damage
Moderna rises as CDC clears updated, omicron-targeting Covid boosters for all ages
Citigroup CEO Fraser announces corporate reorganization amid stock slump
Airline stocks tumble as American, Spirit cut profit views on higher costs

cnbc.com

Relevant topic timeline:

8/20/2023

5 Huge Analyst Calls: Adobe, Marvell Boosted on AI Hopes; Urban Outfitters slashed

9/1/2023

Stocks making the biggest moves midday: PagerDuty, Dell, Tesla, Broadcom and more

10/2/2023

Stocks Rise as Tesla, NIO, AMC, Apple Move Markets After Shutdown Ends

Summary: This article discusses the stocks that are experiencing significant movements, including Tesla, NIO, AMC, and Apple.

10/2/2023

Stocks on the Move: Rivian Up on Upgrade, Sphere Jumps After Vegas Opening, Insulet and Sunnova Get Buy Ratings